Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Withholding Tax is a tax that applies on services payments, if the services purchased are of non resident- example, Saudi get the labors from UAE, when making payment, 5% of it will be paid to government as withholding tax.
Fortunately, the withholding tax in Saudi Arabia defines its interest rates without complexity. Indeed, they are 5% for every payment regarding interest rates. In Saudi, this tax applies if you are a non-resident receiving interest payments from a local source.

Image Added

Image Added

add the services and their rates where the withholding taxes should be applied



add the services and their rates where the withholding taxes should be applied

Image Added

Image AddedImage Added


Image Added